Next step after collection

[Anonymous]

I just started paying a charge off that's on both EQ and TU from gas company i call the collection agency and made an arrangement to pay 150 every first of the month until september of this year my question is it gonna show only credit score that I'm making payments or until I finished paying it all off?

[Anonymous]

I believe it will only show paid once you are finished paying. You might want to agree in writting with CA (collection agency) to delete it off your credit report once is paid. Collections stay 7 years on your credit until the fall off. The older they are the less impact they will have on your credit score.

Good luck!

Joselito

[Anonymous]

alright then ima give them a call and get back to you after their response.

thanks

[Anonymous]

I'm excited I just called the gas company for which I have the charge off n they said 30 days after the full debt has been received they will take the charge off my record!!!!! Nice! That's the only thing that's bad on my record since I just started building credit. Couldn't be any happier!